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recessionomics
Doug E. Fresh Needs $4 Million, Quick
First Damon Dash's apartment got foreclosed upon, and now Doug E. Fresh is facing the same fate. One more to a full trend! We need more rhymes about financial planning: More » -
damon dash
Hip Hop Mogul Faces Foreclosure
Times are hard for celebrities: Rocafella Records co-founder and former Jay-Z sidekick Damon Dash (pictured, with Maybach) can't pay his mortgage! His bank has started foreclosure proceedings on his two apartments after the mini-mogul failed to pay his combined $78,500-per-month mortgage. Times are also hard for celebrity coverage: as you can see, it's been reduced to finding ways to tie in the mortgage crisis with celebrity lifestyles. The media's already expanded the definition of "celebrity" to include politicians and athletes, so playing off real estate trends is a logical next step. There's a massive news hole to fill. First Ed McMahon was foreclosed on, now this! When will it stop? We can't wait to find out! [Newsday. Pic via NYM] -
sexy librarians
The Accompanied Library Is Back—Thanks To Damon Dash?
Last night we were at the National Arts Club for the launch party for Supper Club, Tamsin Lonsdale's socialite dining and dating club, now being imported from London. Supper Club boasts a huge committee of the social set. Everyone's breath smelled like smoked salmon. The place brings back memories! The National Arts Club used to rent out an apartment there, via sort-of art dealer and real estate heir and "party-going bachelor" Tim Nye, to the Accompanied Library, the now-defunct lending library and literary salon. But apparently the relationship between Library co-founder Brooke Geahan and Nye went south, and Nye tossed them out. More » -
new hires
Hip hop mogul Damon Dash is writing a weekly business column for subway handout Metro. Expect horoscopes from L.A. Reid in A.M. New York any day now. [WWD] -
moby
Celebrity Trading: Damon Dash Makes Dollars
Trader Monthly, our favorite magazine in the world for thick-necked cigar-smoking i-bankers and the women who unwillingly love them behind dumpsters on 27th Street, has been giving various random people $50K to invest, with the profits going to charity. The results to date prove, unsurprisingly, that Damon Dash is a lot smarter than Moby, and that Jamie-Lynn Sigler is dumb as all get-out. More » -
damon dash
Gossip Roundup: Damon Dash's UWS Street Justice
• Hip-Hop mogul Damon Dash keeps the area around 89th Street and Central Park West safe for his son, whose cell phone was stolen by local "thugs." Next up, Dash will work on eliminating gang activity outside Dylan's Candy Store. [Page Six] More » -
damon dash
Gossip Roundup: Damon Dash Just Really Loves Office Furniture
• As he vacated the offices of Rocawear, hip-hop mogul Damon Dash took every piece of furniture, the blinds, and even the doorknobs with him. Be patient; it'll take him till Friday to catalogue and price everything for eBay. [Lowdown (2nd item)] More » -
paris hilton
Gossip Roundup: Paris Steals Mary-Kate's Boyfriend
• Not even a week after Paris Hilton officially announced the break-off of her engagement to Paris Latsis, the heiress has been spotted skanking around with Stavros Niarchos, aka Mary-Kate Olsen's boyfriend. If our little squirrel twin goes into an anorexic tailspin because of this, we will kill Hilton with our bare hands. Bitch. [Page Six] More » -
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col allan
Gossip Roundup: Pugilistic Press Punch-Out!
• Post EIC Col Allan throws down to defend his deputy editor Colin Myler in a Soho House brawl with some unnamed Aussie journo. Holy shit, does this mean Soho House is cool again? [R&M] More » -
american media inc.
Gossip Roundup: David Pecker Swaddles Schwarzenegger, Keeps Him Safe From Harm
• American Media Inc. publisher David Pecker has been shelling out some hefty amounts of cash to suppress any negative coverage of California Governor Arnold Schwarzenegger, who had signed on executive editor of AMI's muscle mags. Good thing tabloids or politicians don't really depend on ethics, or else this just might be scandalous. [Page Six] More » -
damon dash
Gossip roundup
· Roc-A-Fella Records founder Damon Dash, apparently deciding he'd rather lose money than make it, is starting his own airline, and has already committed to retail space for the offices. [NY Daily News] More »
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